on a 30 day swing which do you think has a better chart for going long: ILA: PLUG: thanks in advance...
Why a 30 day swing? What kind of money (% return) are you trying to make? I could not go long on ILA right here 4.10 currently unless I was willing to stop out at 4.02. For a swing trade I would much rather get long at 4.61. I don't like the looks of the weekly chart on it right now but that could change rather quickly. Also, PLUG needs to trigger at a different price than where it is now for a swing trade for me also. Please answer my questions from above. Thanks
I would bet on PLUG. A wider range, and a pullback from an MA. ILA is flatlined at the MA, and not worth the risk. Although, neither are anything to get very excited about.
O.k. here it is: ILA: (Day order) The daily trend is up with a Swing trade buy signal at 4.08 and 4.15. Much mo upside potential. Still not overbought just taking a breather before the next breakout. PLUG: (Day order) The daily trend is down and is now oversold in the channel. Expect some upward movement soon. Sell @ 7.15 Swing trade reversal long entry at 7.30 & 7.49. Blaze one fo Johnny